Read_668 - Why Proof of Stake Wont be Used for Intergalactic First Contact [Buck Perley]

November 01, 2022 00:58:24
Read_668 - Why Proof of Stake Wont be Used for Intergalactic First Contact [Buck Perley]
Bitcoin Audible
Read_668 - Why Proof of Stake Wont be Used for Intergalactic First Contact [Buck Perley]

Nov 01 2022 | 00:58:24

/

Hosted By

Guy Swann

Show Notes

"A universal law can be understood to be an objective, observable, and eternal description of some facet of the universe. As such, they can be independently discovered by disparate societies living within the same universe as long as both societies are able to observe the same facets of that universe. It may not be known as Newton’s Law to the Nakamotans, but they will likely have discovered that “every particle attracts every other particle in the universe with a force that is directly proportional to the product of their masses and inversely proportional to the square of the distance between their centers.” - Buck Perley Definitely listen or read the first three parts of the Bitcoin Astronomy series to get the full value out of this additional essay brought to us by Buck Perley at Unchained Capital. a Fourth installment discovering the fundamental truths of proof of stake vs proof of work and why only proof of work can bridge the trust gap between cultures and communities so far separated as different species spread out among the stars. Bitcoin Astronomy Part I - https://open.spotify.com/episode/72lK4wERiLPtagHIT9v7OG?si=_SbJ0L4gQ3GjGltWBDCVDw Bitcoin Astronomy Part II - https://open.spotify.com/episode/5vuZhpkGRJZMjHE4nnjRu1?si=F73oRkjfSTWS3NpRNLKIzA Bitcoin Astronomy Part III - https://open.spotify.com/episode/4jTr1Nadq5dtiQUs7UvJzz?si=MFWvwY6ESqmAj7vj-vDO0A Check out the original article at Unchained Capital below: https://unchained.com/blog/bitcoin-astronomy-proof-of-stake/ Check out our amazing sponsors and the products that Guy uses most in the space: • Join us and the Swan Bitcoin team at the Pacific Bitcoin Conference in November! Get your tickets now, 20% off with code BITCOINAUDIBLE (https://www.pacificbitcoin.com/) • The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (swanbitcoin.com/guy) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 5,000 FREE SATS at (guyswann.com/fold) • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 5% off everything in the store! (guyswann.com/coldcard) Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Other Episodes

Episode

September 08, 2024 02:03:39
Episode Cover

Chat_111 - Brollups, Ark 2.0, and 1000 tps with Burak

"Dark merchants would never use Lightning, right? Because well, you need a node ID, an entity... Versus Ark, you're not a node or entity....

Listen

Episode

September 18, 2018 00:36:26
Episode Cover

CryptoQuikRead_152 - Yin and Yang of Bitcoin [Bitcoin's POW #2 - LaurentMT]

Listen to @Laurentmt's article explaining how the Yin and Yang of Bitcoin, Hodling & Mining, affect the efficiency of the system and how they...

Listen

Episode

May 17, 2018 00:21:34
Episode Cover

CryptoQuikRead_072 - Another Game Changer | Blockstream's Liquid

Liquid is finally arriving! The sidechain that could be a game changer for scalability, custodial trust, exchange privacy, and overall speed and liquidity throughout...

Listen